OCR Text |
Show MARKET RECOVERS AFTER EARLY DECLINE Logan &, Bryan, members Now York and Boston Stock exchanges and Chicago Chi-cago Board of Trade, 1S South Main street, furnish tho following received over their private wire yesterday a ft-ernoon: ft-ernoon: From Logan & Bryan 's New York office. After early declines, which were caused by the disappointment growing out of the failure of Missouri Pacific financial adjustment, prices st eadied and as the session progressed short, covering and scattered onl side buying, toget her with a renewal of hop niniila t inn bv interests in-terests which are crrdi tod with being committed to tho side of advancing prices, produced a rather substantial recovery, re-covery, and sentiment, at tho close appeared ap-peared to be somewhat more cheerful. The announcement f the engagement of il.00O.n00 in gold for export to Paris was largely offset by the expectations which were lator realized of a satisf actory bnnk exhibit. The Steel corporation a state-ment state-ment of unfilled tonnage was uhuut In keeping with otdimaten and T.'nited States steel acted very well in tho fnec of discouraging reports relative to the state of the iron industry So much hns been snid with regard to the state of affairs in Mexico find the reports have been so highly colored that tho street ii beginning to lose interest in same. Tho opinion is expressed Hint the Missouri Mis-souri Pacific dirent nrs will renew negotiations ne-gotiations with Speyer & Co. rein I ive to the company 's f i nn ncin 1 requirements require-ments and that tho n1T;i!r will be adjusted ad-justed noxt week. Firmer in Boston. From Paine, Webber Si Co.. Boston. Tho professionals tried to use the unfavorable un-favorable news on Missouri Paeifie In force a furthnr decline in effort, tu cover, but were nut. biteeessful in forcing forc-ing any lirpii dat inn. There was Nome selling for foreign account , but. the buying was better than selling and the closing was firm. We are not, far awav front the rate decision now, and if all fnvorablo marl; et would be in guod position for sharp advance. Prom the (Ijillaglier curb letter, New York. - 'itrh mn i ket opened i nvgu hi r. The oil issuer wen stead v. hut prio changes unim port n n t . The t ol inccn shares opened lower, pririei pa P dec I in es bei n g in cigar stores. K i K er was a weak feiitnre. The metal shares were also weak. Nini-ning beint; ottered fren-Iv fren-Iv lit 0 ami (lie coppers generally fractionally frac-tionally lower. London c lose. - Liqitidn t inn of spe-c.ialt spe-c.ialt ics t onl; place un the si nek ex nuance Indav and the general lendencv wan down vn rd ten t n to I lie lac, nf support. Anxielv is exhibited over next tver I; "s set I Inn f n f . American ra i I wa v O)aro reflected "cIMe;- for In. th ac e.ninl" and tllij (I ' r I III e n I. lacked ntiiiim. |